Middle East Economic Survey

VOL. LII

No 23

8-Jun-2009

Saudi LPG Prices For June Increased

Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced to customers on 31 May that LPG contract prices for June deliveries would be $395/ton for propane and $455/ton for butane, increased by $15/ton and $55/ton respectively from May. Walt Hart, Senior Consultant at Houston-based Purvin & Gertz, told MEES that the announced LPG contract prices are generally in line with market expectations....